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Mount Gilead town, NC

ZIP 27306 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27306

Median Home Value
$148,700
Median Rent
$620
Affordability Snapshot
$41,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$955/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27306 in Mount Gilead town, NC, a household would need roughly $41,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $955. That sits below the local median household income ($57,202), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 44% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.0%+21% vs US avg
x
Vacancy Rate
44.4%+331% vs US avg
x
Broadband Access
77.8%-11% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
3.4%-74% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
1.8%-96% vs US avg
x
Mortgage-Free
58.8%+54% vs US avg
x
$148,700
Home Value
$620
Rent
1983
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.9%
  • 1-unit attached0.3%
  • 2-9 units2.3%
  • 10+ units0.4%
  • Mobile home & other35.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$148,700
Median rent$620
Owner-occupied79.0%
Vacant44.4%
Price-to-income2.6x
Est. income to buy$41,000